The accounts show that TTM Healthcare last year paid out €450,000 and this followed €1.4m in dividends to its owners in 2016. The firm recorded post-tax profits of €2m after paying corporation tax of €267,428.

Pay to key management personnel totalled €164,153 last year.

The company said that during 2018, a greater focus has been placed on creating innovative delivery models “and leveraging our experience with a greater utilisation of technology”.

TTM had shareholder funds at the end of last year of €7.6m while the company’s cash pile decreased from €867,107 to €357,470.